What’s inside the November 2023 issue of the MEED Business Review Magazine?
Saudi Arabia has effectively been confirmed as the host of football’s 2034 Fifa World Cup, after the only other potential bidder, Australia, withdrew from the bidding process. While Fifa is not expected to officially announce the location for the tournament until late next year, the kingdom is already taking steps to prepare for the event.
Riyadh is in the process of upgrading infrastructure and building stadiums as part of its preparations for hosting the 2027 AFC Asian Cup, and the sports ministry has invited construction firms to prequalify for contracts to build sports stadiums as part of its SR10.1bn ($2.7bn) capital projects programme.
In order to host the 2034 World Cup, the kingdom will need a minimum of 14 all-seater stadiums. Therefore, in the latest edition of MEED Business Review, the construction team looks at which local, regional and international construction companies are likely to be among the frontrunners to build the Saudi World Cup 2034 stadiums.
This month’s exclusive 13-page market report, meanwhile, spotlights Bahrain, as Manama navigates a delicate period for both its diplomatic decisions and fiscal management. Reconciliation with Qatar and reservations over Israel dominate the government’s decision-making.
MEED’s latest issue is also packed with analysis on topics including economic activity in the region, the rising number of regional project disputes, the exit of international oil firms from Iraq and how Chinese investment is poised to accelerate Kuwait’s projects market.
In addition, MEED has interviewed John Kelly, president for the Middle East, Turkiye and Africa at Rolls-Royce, about the UK power propulsion maker’s path to net-zero as it tests technologies to enable the adoption of sustainable aviation and other synthetic fuels.
In this month’s industry report, MEED reveals its latest ranking of the region’s leading engineering, procurement and construction (EPC) contractors. Amid a major reshuffle, France’s Technip Energies has leap-frogged the field to take the top spot. At the same time, an oil and gas projects boom is driving recruitment among EPC contractors.
We hope our valued subscribers enjoy the December 2023 issue of MEED Business Review.
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MEED’s Editorial Team:
Editor – Colin Foreman
Features & Analysis Editor – John Bambridge
Energy & Technology Editor – Jennifer Aguinaldo
Oil & Gas Editor – Indrajit Sen
Oil & Gas Reporter – Wil Crisp
Commercial Content Editor – Mrudvi Bakshi
Commercial Content Editor – Sarah Rizvi
Tenders Writer – Jane Bishop
Head of Production – Marianne Makdisi
Sub Editor – Sneha Abraham
Graphic Designer – Rey Delante